Connecticut
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Connecticut Real Estate Values & Housing Market Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$275,219

Number Of Homes And Apartments:
1,367,374

Connecticut Home Prices

Value Range
> $1,076,077 4.2
$807,027 - $1,076,077 2.9
$538,070 - $807,026 7.5
$430,656 - $538,069 7.8
$322,828 - $430,655 15.6
$215,000 - $322,827 26.1
$107,656 - $214,999 28.7
$53,749 - $107,655 4.5
$0 - $53,748 2.5

Connecticut Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q4 - 2020 Q1
0.63% 2.56%
5
Last 12 Months:
2019 Q1 - 2020 Q1
4.02% 4.02%
2
Last 2 Years:
2018 Q1 - 2020 Q1
6.13% 3.02%
1
Last 5 Years:
2015 Q1 - 2020 Q1
8.25% 1.60%
1
Last 10 Years:
2010 Q1 - 2020 Q1
3.26% 0.32%
1
Since 2000:
2000 Q1 - 2020 Q1
60.33% 2.39%
2
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,569 / per month

Homeownership Rate

Homeownership
Owners 64.21
Renters 35.79
Vacant 9.58

Housing Details

Age of Homes

AGE OF Connecticut HOMES
2000 or Newer 8.8
1970 - 1999 33.6
1940 - 1969 35.3
1939 or Older 22.3

Types of Homes

TYPE OF Connecticut HOMES
Single-Family 59.0
Townhomes 5.3
Small Apt. Buildings 16.9
Apt. Complexes 18.0
Mobile Homes 0.8
Other 0.0

Home Size

SIZE OF Connecticut HOMES
No Bedroom 2.22
1 Bedroom 12.56
2 Bedrooms 27.08
3 Bedrooms 36.45
4 Bedrooms 17.13
5 or more bedrooms 4.56